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Senior Specialist, Total Rewards

2 months ago

Newmarket Ontario LG, York region, Canada Magna International Full time

Job Number: 69205
Group: Magna Mechatronics, Mirrors & Lighting
Division: Mechatronics, Mirrors & Lighting Group Office
Job Type: Permanent/Regular
Location: NEWMARKET
Work Style: Hybrid

About us

We see a future where everyone can live and move without limitations. That’s why we are developing technologies, systems and concepts that make vehicles safer and cleaner, while serving our communities, the planet and, above all, people.

Forward. For all.

Group Summary

The Mechatronics, Mirrors and Lighting group specializes in automotive technologies that are driving the future of mobility. Combining a deep systems knowledge to develop unique vehicle access experiences, intelligent visions systems and advanced automotive lighting technologies, MML's expertise light the path to innovation, safety and styling.

About the Role

The Sr. Specialist, Total Rewards is responsible for the development, implementation and administration of new and existing total compensation programs for the organization. Collaborating with global HR partners, Corporate office and vendors as needed, this role will conduct market research, internal analysis and provide consultative expertise to the organization to ensure employee compensation and company practices are competitive, in accordance with Magna’s Employees’ Charter principles.

Your Responsibilities

TOTAL COMPENSATION

  • Bring subject matter expertise (SME) in the area of Compensation to develop, implement and administer robust and competitive programs and processes which are aligned with the global business strategy and the Magna Employees’ Charter principles.
  • Provide consultative expertise in compensation management and administration, incentive programs, job evaluation programs and the integration of related legislated requirements in the respective regions. Interfaces with regional experts as necessary to ensure comprehensive considerations.
  • Leads implementation and change management relative to new initiatives.
  • Provides training and education to support global HR Partners and operating divisions.
  • Partners with external vendors, professional associations and networks to conduct in-depth and relevant market data/trend analysis to ensure competitiveness of total compensation programs and the ability to attract talent into the organization.
  • Supports administration and optimization of the Workday system and assist other Magna divisions with Workday implementation.
  • Manages the Magna Total Compensation Survey for the Global Group Office and monitors completion across the company’s respective regions, providing support and ensuring timely completion, as well as gathering feedback from HR Partners for continuous improvement.
  • Support annual salary and bonus administration, coordinating globally to ensure alignment with business plan objectives and Magna recommendations.
  • Support executive management contract approval/renewal process (ECAF) ensuring effective records retention, timely processing, share requirement compliance and effective communication to all stakeholders.
  • Develop and oversee the Job Evaluation process to support effective market data comparison, salary/pay administration practices and internal pay equity compliance, as required. Provide guidance, training and support to others as necessary.
  • Make recommendations and advise stakeholders relative to Job Description development to ensure the effectiveness of Job Evaluation and other relevant business needs.


FINANCIAL RESPONSIBILITY

  • Must understand and comply the laws and cultures in countries which Magna conducts business & Magna compliances.
  • Involvement in financial matters is on a level of providing data only and/or making recommendations.

LEADERSHIP RESPONSIBILITY

  • No direct supervision of incumbents and/or work units/departments.

HEALTH, SAFETY AND ENVIRONMENTAL RESPONSIBILITY

  • Ensure all safety and non-safety rules and regulations are followed
  • Ensure adherence to established quality and housekeeping standards
  • Review and adhere to MML’s health and safety, environmental, and quality standards, operating procedures, and policies
  • Respond immediately to items brought to his/her attention with respect to hazards, defects or non-compliance issues
  • Understand and uphold the policies that prohibit workplace violence and harassment
  • In addition to the above, the duties include those specified under the Occupational Health & Safety Act
Your preferred qualifications

EDUCATION:

  • Post Secondary Degree or Diploma in Business Administration, Human Resources or related field
  • Certification such as CCP, CMS or CEBS preferred

KNOWLEDGE, SKILLS, & ABILITIES

  • 4- 7 years progressive and relevant work experience in a fast-paced work environment.
  • Experience in automotive/industrial manufacturing environment is strongly preferred.
  • Demonstrated experience implementing and administering global compensation programs.
  • Demonstrated experience with an HRIS system in a global scope (Workday preferred)
  • Sound knowledge of Human Resources principles and practices, general payroll and benefits administration principles and applicable regional legal requirements.
  • Excellent computer literacy and command of Microsoft Office. Advanced Excel Skills are required.
  • Global compensation experience is an asset.

Accommodations for disabilities in relation to the job selection process are available upon request.

Candidates will be required to complete a Criminal Records Check and, if deemed necessary, a Credit Check as part of the candidate selection process.

What we offer

At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.

Awareness. Unity. Empowerment.

At Magna, we believe that a diverse workforce is critical to our success. That’s why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email to comply with GDPR requirements and your local Data Privacy Law.